Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Rises By 77.5%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 72,163 shares, a growth of 77.5% from the May 31st total of 40,649 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 36,717 shares, the short-interest ratio is presently 2.0 days.

Institutional Trading of SPDR Bloomberg Emerging Markets USD Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. WealthPoint Financial LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 27.6% during the 1st quarter. WealthPoint Financial LLC now owns 32,341 shares of the company’s stock worth $802,000 after acquiring an additional 6,989 shares during the period. Western Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter worth $280,000. Midwest Financial Network LLC increased its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 29.8% in the 1st quarter. Midwest Financial Network LLC now owns 25,473 shares of the company’s stock valued at $632,000 after buying an additional 5,855 shares during the period. NewEdge Advisors LLC increased its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 3.2% in the first quarter. NewEdge Advisors LLC now owns 122,040 shares of the company’s stock valued at $3,027,000 after acquiring an additional 3,751 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 13.3% during the first quarter. Bank of America Corp DE now owns 16,268 shares of the company’s stock worth $403,000 after purchasing an additional 1,904 shares during the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Up 0.1%

Shares of EMHC stock opened at $25.31 on Friday. The stock has a 50-day moving average of $25.28 and a 200-day moving average of $25.33. SPDR Bloomberg Emerging Markets USD Bond ETF has a one year low of $24.27 and a one year high of $25.86.

About SPDR Bloomberg Emerging Markets USD Bond ETF

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.